Tax

• Company Director Relieved of Six-Figure VAT Returns Inaccuracy Penalty

  • Posted27 April 2023

  Directors whose companies fail to make accurate VAT returns can expect to receive stiff financial penalties – but only if such failures are deliberate. In a guideline case, a tax...

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• Businessman Establishes a ‘Reasonable Excuse’ for Delaying VAT Payments

  • Posted30 March 2023

  Traders who choose to put tax at the bottom of their payment priorities are asking for trouble. However, in one case, a businessman persuaded a tax tribunal that he acted...

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• Tenacious Hotel Owner Achieves 70 Per Cent Cut in Rateable Value

  • Posted15 March 2023

  Business owners who feel that their non-domestic rates bills are unfairly high should seek professional advice without delay. The point was powerfully made by the case of a determined hotel...

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• Fish and Chip Shop Chain Triumphs in Cash Sales Suppression Tax Appeal

  • Posted17 February 2023

  HM Revenue and Customs (HMRC) are always on the alert to spot businesses that suppress their cash takings with a view to avoiding tax. However, as a tax tribunal ruling...

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• VAT on Hospital Car Parking and Distortion of Competition – Test Case Ruling

  • Posted26 January 2023

  Should NHS trusts be permitted to provide VAT-free parking to patients, staff and visitors, or would that amount to an impermissible distortion of competition? With around £70 million in tax...

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• Mega Marshmallows VAT Ruling Leaves HMRC with Bitter Taste

  • Posted15 December 2022

  Should jumbo, American-style marshmallows, usually used for roasting over an open fire, be classified as confectionary? By answering ‘no’ to that question, a tribunal left HM Revenue and Customs (HMRC)...

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